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Li Lu Bought Pinduoduo: PDD Stock Analysis (Business & Financials Explained)

Written By CJ Wilson on Tuesday, Jul 06, 2021 | 05:00 AM

 
Let's take a look at one of Li Lu's investments, Pinduoduo. Pinduoduo just became the largest ecommerce platform in China based on annual active users. That makes it bigger than Alibaba (BABA)! PDD is one of Alibaba's biggest competitors in the e-commerce space. In this video I discuss the concept of social commerce, PDD's business model (virtuous cycle of group buying, gamification), and how they make money. I also do a high-level overview of their financials. I also discuss Li Lu's position in PDD. This is my first look into Pinduoduo. Please let me know if you want another video covering PDD in more depth! Pinduoduo (PDD) is a Chinese social e-commerce platform. Please like the video and subscribe to the channel to stay up to date with more investing videos. Thank you for watching! If you liked this video, please check out my discussion of the Business Breakdowns podcast covering Alibaba (BABA) https://youtu.be/Sc2KyaCdLcY Timestamps: 00:00 - Introduction 01:34 - Social Commerce & Business Overview 06:52 - Financials Overview Connect on Twitter: https://twitter.com/heycjwilson Note: This is not investment advice! This video is for education and entertainment purposes only. #PDD#PINDUODUO